Adoption of common definition of scam
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(a) In general Not later than 1 year after the publication of the National Strategy for Combating Scams under section 3(c), the Federal Bureau of Investigation, the Federal Trade Commission, and the Consumer Financial Protection Bureau shall adopt the common definition of scam recommended in the National Strategy for Combating Scams. (b) Updates to definition If, pursuant to section 3(d), the working group updates the definition of scam in an updated National Strategy for Combating Scams, the Federal Bureau of Investigation, the Federal Trade Commission, and the Consumer Financial Protection Bureau shall adopt the updated common definition of scam not later than 1 year after such update.